Wow. 75% chance of a 50 point raise in May now. What was it I said last week when all the bulls were calling for 4200 and the hikes were almost over? Who's your papa Stoney?! Wait for the QQQ to get to $303... then comes the drop.
L STILL LOTS OF ROOM HERE FOLKS! I REALLY LIKE THE TRADING PATTERN HERE-! I DON'T KNOW WHEN THEY REPORT BUT I WOULD BET THEY BEAT. Averaging up!
ROKU Roku, Inc. - Why in the world would ROKU be up today? - I see they were at a Morgan Stanley Conf yesterday Maybe I can grab the notes off a Bloomberg machine $64.82 +1.18 (+1.85%)<-------?
NFLX attracting Hedgies today // can't put my finger on why password sharing crack down that important?
OMG I just read this Erase this stupid post before it's too late don't do this to yourself again. Very benign CPI on the way... Jobs # won't be as bad this time, past one will be corrected. down alot.
STONEY!!!!! You're welcome. What a drop huh? Good thing I wrote that an hour before the bell so everyone could get in. Had you not been so nasty earlier, I would have told you this thing has been on a short squeeze since $8 They eventually top out. It was up almost 40% in a week or so. Bad call on your part Stoney. The readers deserve better. LAZR >>> -7% Whatever. BUT>>>! >>> In the "incredible call" department for today: So this thing hit my scanner early and I watched the volume on the news. It was a no brainer. Good move on their part actually. If Americans are anything... they're fat. And lazy. So now Oprah will be selling Rx fat pills like those Viagra commercials all day on TV. Like I said... a no brainer. WW $4.60 (vz 9AM shout out price) ---> $6.93 That would be about 50% in one day. 50% STONEY!!!!! CASY's didn't release their earnings until late... this is an old favorite. They always do well. They beat handily on the bottom line, top line came in a bit light. Same store sales forecast at 6%-7% growth, which is pretty good for this model. Headline earnings were $2.67... but dig deeper and in reality that should be $2.36. Regardless, the Street wanted $2.03. Nice beat. In this particular case, considering inflation and the cost of goods sold... I actually like a top line miss and a bottom line beat... when you combine it with their forecast. Growth is on track. 80 new stores in 2023. Operating expenses/share came in at the low end and are forecast to get even better. $400M repurchase plan untouched. Good company. We'll see how the Street reads it tomorrow. But for now... $214 close in the ah's on low volume. I think Stoney's BJ's might have a remarkably similar report. Not an apples to apples model by a long shot, but there are many similarities. https://newsfile.refinitiv.com/getn...rs.com:20230307:nBwblZ5hQa&default-theme=true “Thanks to the hard work of our entire team, Casey's delivered another stellar quarter by driving inside gross profit while managing operating expenses efficiently,” said Darren Rebelez, President and CEO. “Inside same-store sales were spurred by grocery and general merchandise, notably non-alcoholic and alcoholic beverages, snacks, and candy. Prepared food and dispensed beverage performed well due to strong pizza slice and donut sales. The fuel team continues to strike the right balance between gallon volume and gross profit margin. Finally, I am very proud of the team's ability to continue to effectively manage operating expenses in a challenging inflationary period.” ___________ Pizza by the slice doughnut sales huh? Go figure. Where'd Weight Watchers and their fat pills close again?
How can you be so sure of this? I am not, and certainly the market is not given Powell's hawkish tone today and tomorrow.
For real... this market has no fundamental reason to rise atm. And fundamentals will always win in the long term. Everything else is algo's fighting algo's and taking the most money from the most players near term. That's what makes a bear rally. The computers might be 10X smarter, but nothing ever changes. Stoney's clueless. But at least I try to help him.